At 60% LTV, the 2-year fixed rate at 1.60% will be reduced to 1.49%, at 75% the2-year-fixed fixed rate will be cut tofrom 1.60% to1.58% and the 5-year fixed rate of 2.05% at 75% LTV will decrease to 1.96%.
Barclays Mortgages will be cutting rates across its residential range covering purchases and remortgages, as part of the launch of its ‘Too Big to Miss’ remortgage campaign.
At 60% LTV, the 2-year fixed rate at 1.60% will be reduced to 1.49%, at 75% the2-year-fixed fixed rate will be cut tofrom 1.60% to1.58% and the 5-year fixed rate of 2.05% at 75% LTV will decrease to 1.96%.
There’s a £999 product fee, minimum loan of £5,000 and maximum loan of £1m for each rate.
The changes will take effect from tomorrow.